In its notification of 28 June 2021, it was announced that Orkla has entered
into an agreement to purchase approximatly 75% of the shares in New York Pizza,
one of the leading pizza chains in the Netherlands.

The transaction has been approved by relevant competition authorities and was
completed today. New York Pizzas will be consolidated into Orkla's financial
statements as of 1 August 2021.

The notification of 28 June 2021 can be found here:

https://investors.orkla.com/English/news/ir-news/ir-news-details/2021/Orkla
-acquires-New-York-Pizza



Orkla is a leading supplier of branded consumer goods and concept solutions to
the consumer, out-of-home and bakery markets in the Nordics, Baltics and
selected markets in Central Europe and India. Orkla is listed on the Oslo Stock
Exchange and its headquarters is in Oslo. The Group had a turnover of NOK 47.1
billion in 2020 and has over 21,000 employees.

Orkla ASA
Oslo,  4 August 2021

Ref.:

Group Director Corporate Communications and Corporate Affairs
Håkon Mageli
Tel.: +47 928 45 828

SVP Investor Relations
Kari Lindtvedt
Tel.: +47 950 75 114

This information is subject to the disclosure requirements pursuant to Section 5
-12 the Norwegian Securities Trading Act

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